Mathematics MCQs — Test 28
Page 1 of 3
Question 1
Shohaib invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Shohaib get on maturity of the fixed deposit?
Question 2
What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.?
Question 3
A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?
Question 4
How much more would Rs.20000 fetch, after two years, if it is put at 20% p.a. compound interest payable half yearly than if is put at 20% p.a. compound interest payable yearly?
Question 5
A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.
Question 6
A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
Question 7
The population of a city increases at the rate of 4% p.a. but there is an additional annual increase of 1% in the population due to some job seekers. The percentage increase in the population after 2 years is_________?
Question 8
Find the amount on Rs.5000 in 2 years, the rate of interest being 4% per first year and 5% for the second year?
Question 9
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?
Question 10
The compound interest earned by Sunil on a certain amount at the end of two years at the rate of 8% p.a. was Rs.2828.80. Find the total amount that Sunil got back at the end of two years in the form of principal plus interest earned.